Black Swans, New Nostradamuses, Voodoo decision theories, and the science of decision making in the face of severe uncertainty

DOI10.1111/j.1475-3995.2011.00790.xzbMath1273.91120OpenAlexW4255446410MaRDI QIDQ4918256

Moshe Sniedovich

Publication date: 24 April 2013

Published in: International Transactions in Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/j.1475-3995.2011.00790.x

zbMATH Keywords

maximindecision makingrobust optimizationradius of stabilitysevere uncertainty

Mathematics Subject Classification ID

Decision theory (91B06) Minimax problems in mathematical programming (90C47) Management decision making, including multiple objectives (90B50)

Related Items

Wald's mighty maximin: a tutorial ⋮ Emergency scheduling of engineering rescue tasks in disaster relief operations and its application in China

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Robust multi-echelon multi-period inventory control
• Decision making under uncertainty: Starr's domain criterion
• Stability radii of linear systems
• Analysis of the local robustness of stability for flows
• Robust solutions of linear programming problems contaminated with uncertain data
• Extending scope of robust optimization: comprehensive robust counterparts of uncertain problems
• Statistical decision functions which minimize the maximum risk
• Wald's mighty maximin: a tutorial
• The Art and Science of Modeling Decision-Making Under Severe Uncertainty
• A spatial criterion as decision aid for capital projects: locating a sewage treatment plant in Halifax, Nova Scotia
• Maximally Stable Numerical Integration
• Fifth-Order Methods for the Numerical Solution of Ordinary Differential Equations
• The Price of Robustness
• Robust Optimization of Large-Scale Systems
• The Theory of Statistical Decision